The Cataractes play their home games at the Centre Bionest de Shawinigan. The former home of the team was Aréna Jacques Plante. Over the course of their 43-year history, they have not won any League championships or Memorial Cups until they were chosen to host the 2012 Memorial Cup tournament, as they became only the second team to play in the tie-breaker and win in overtime in front of a sellout hometown crowd.

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"Cataractes" is the plural form of "cataracte", which means in English 'cataract' in the sense of a powerful waterfall, derived from the Latin word "cataracta" meaning 'waterfall' or 'portcullis'. The team is named after the Shawinigan Falls, a prominent waterfall in the city of Shawinigan.